Electric and hybrid vehicles in Pakistan could become more expensive in the upcoming fiscal year as the government considers ending existing tax concessions in the federal budget for 2026-27. The proposed move follows discussions with the International Monetary Fund (IMF), which has reportedly opposed continuing preferential tax treatment for environmentally friendly vehicles and related products. […]
vehicle imports
Govt drafting new auto policy to align with IMF-backed tariff reforms
KARACHI: As Pakistan’s existing auto policy approaches its expiry in June 2026, the government is finalising the Auto Industry Policy 2026–31, aimed at creating a more open and competitive automotive market. The Engineering Development Board (EDB) is leading consultations with vehicle assemblers, parts manufacturers, and importers of used vehicles to shape the new framework. Officials […]